# ACTEGA invests $5M to automate and expand New Jersey facility

ACTEGA is investing $5 million in its New Jersey facility to automate production processes, increase production capacity, and expand storage space. The project has begun and is set to be completed in Q1 2024.

- Type: Investment
- Announced: 2023-04-27
- Where: New Jersey, United States
- Value: $5.00M
- Starts operating: Q1 2024
- Status: under construction
- Products: specialty coatings, inks, adhesives, sealants, compounds
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Packaging](https://endata.com/sectors/packaging.md)

## Companies

- [Actega](https://endata.com/companies/6421.md)

## Sources

- [packagingimpressions.com](https://www.packagingimpressions.com/article/actega-invests-5-million-automate-expand-capabilities-new-jersey-facility/), 2023-04-27: "This substantial investment in our New Jersey facility showcases ACTEGA's unwavering commitment to growth in North America."
- [pcimag.com](https://www.pcimag.com/articles/111356-actega-invests-5-million-to-automate-and-expand-capabilities-at-new-jersey-facility), 2023-05-16: "ACTEGA... announced a $5 million investment in its New Jersey facility."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.